Steadfast (Australia) Probability of Future Stock Price Finishing Under 6.03
| SDF Stock | 5.84 0.12 2.01% |
Steadfast |
Steadfast Target Price Odds to finish below 6.03
The tendency of Steadfast Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under 6.03 after 90 days |
| 5.84 | 90 days | 6.03 | close to 99 |
Based on a normal probability distribution, the odds of Steadfast to stay under 6.03 after 90 days from now is close to 99 (This Steadfast Group probability density function shows the probability of Steadfast Stock to fall within a particular range of prices over 90 days) . Probability of Steadfast Group price to stay between its current price of 5.84 and 6.03 at the end of the 90-day period is about 9.83 .
Assuming the 90 days trading horizon Steadfast has a beta of 0.45. This usually implies as returns on the market go up, Steadfast average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Steadfast Group will be expected to be much smaller as well. Additionally Steadfast Group has an alpha of 0.0288, implying that it can generate a 0.0288 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Steadfast Price Density |
| Price |
Predictive Modules for Steadfast
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Steadfast Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Steadfast Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Steadfast is not an exception. The market had few large corrections towards the Steadfast's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Steadfast Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Steadfast within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.03 |
Steadfast Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Steadfast for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Steadfast Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Steadfast Group is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Have Steadfast Group Insiders Been Selling Stock - Simply Wall St |
Steadfast Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Steadfast Stock often depends not only on the future outlook of the current and potential Steadfast's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Steadfast's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Cash And Short Term Investments | 1.3 B |
Steadfast Technical Analysis
Steadfast's future price can be derived by breaking down and analyzing its technical indicators over time. Steadfast Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Steadfast Group. In general, you should focus on analyzing Steadfast Stock price patterns and their correlations with different microeconomic environments and drivers.
Steadfast Predictive Forecast Models
Steadfast's time-series forecasting models is one of many Steadfast's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Steadfast's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Steadfast Group
Checking the ongoing alerts about Steadfast for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Steadfast Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Steadfast Group is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Have Steadfast Group Insiders Been Selling Stock - Simply Wall St |
Additional Tools for Steadfast Stock Analysis
When running Steadfast's price analysis, check to measure Steadfast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steadfast is operating at the current time. Most of Steadfast's value examination focuses on studying past and present price action to predict the probability of Steadfast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steadfast's price. Additionally, you may evaluate how the addition of Steadfast to your portfolios can decrease your overall portfolio volatility.